John Wiley & Sons (JW-a) Tagged by Negative Report

January 22, 2013 4:27 PM EST
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Price: $53.47 +1.27%

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Shares of John Wiley & Sons (NYSE: JW-A) were under pressure on Tuesday following a negative research call from noted independent firm Off Wall Street.

The firm slapped a Sell on John Wiley & Sons with a downside $26 price target. The report pointed how that the balance sheets has deteriorated on weaker cash flow and expensive acquisitions.

Shares of JW-A finished down 4.4 percent to $38.44 in NYSE trading.

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